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Blue Jays Rumors

Orioles Claim Richard Urena, Designate Pat Valaika

By Jeff Todd | January 10, 2020 at 4:11pm CDT

The Orioles have claimed infielder Richard Urena off waivers from the Blue Jays, per a club announcement. Fellow infielder Pat Valaika was designated for assignment to create roster space.

Urena becomes the latest young infielder to earn a look in Baltimore. Of course, the same would’ve been said of Valaika, who was claimed earlier in the offseason but now ends up back in DFA limbo. He could still get a shot in camp if he clears waivers and remains with the Baltimore organization.

The O’s will hope that there’s still some development left for Urena, who hasn’t quite grown into the promise he has shown at times. He’s still over a month shy of his 24th birthday and hasn’t received consistent opportunities in the majors, though he has struggled about as much at the plate in the upper minors as he has at the MLB level.

Urena has turned in a .367 OBP through 159 plate appearances in the Dominican Winter League. But that’s driven by a lofty batting average (.292) and hasn’t come with much power (2 home runs, .365 slugging percentage). Perhaps he can squeak onto the roster as a utility player even if he doesn’t show an uptick with the bat. Otherwise, the out-of-options Urena could end up being exposed to waivers once again.

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Baltimore Orioles Toronto Blue Jays Transactions Pat Valaika Richard Urena

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Blue Jays Avoid Arbitration With Ken Giles

By Jeff Todd | January 10, 2020 at 3:36pm CDT

The Blue Jays have struck a deal with closer Ken Giles for his 2020 arbitration salary, per Scott Mitchell of TSN (via Twitter). It’ll pay him $9.6MM, a $3.3MM on last year’s salary.

Giles is coming off of an excellent season in which he was one of the game’s most effective relief pitchers. While he missed a bit of action with elbow troubles — at an inopportune moment, in the run-up to the trade deadline — he bounced back to finish strong. All said, Giles finished with 53 innings of 1.87 ERA pitching and a healthy compilation of 83 strikeouts and 23 saves.

MLBTR had projected a $8.4MM salary for Giles, but the team obviously felt it had to pay more. The threat of a hearing may have helped move the needle. Uncertainty would be especially unwelcome if the Toronto organization views Giles as a trade candidate.

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Toronto Blue Jays Transactions Ken Giles

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Blue Jays Avoid Arbitration With Brandon Drury

By Mark Polishuk | January 9, 2020 at 5:28pm CDT

The Blue Jays have avoided arbitration with infielder/outfielder Brandon Drury, agreeing to a one-year, $2.05MM deal for the 2020 season, MLB Network’s Jon Heyman tweets.

MLBTR projected Drury for a $2.5MM arb figure, so he’ll get a significantly smaller raise than expected over his $1.3MM salary from the 2019 season.  Then again, Drury did little to enhance his value after a sub-replacement level (-0.6 fWAR, -0.2 bWAR) 2019 campaign that saw him hit only .218/.262/.380 with 15 home runs over 447 plate appearances.  This makes it consecutive negative-WAR seasons for Drury, following an abbreviated 26-game year with the Jays and Yankees in 2018.

Drury will now be fighting to keep a superutility role next year, hoping that his versatility can keep him on the roster long enough to revive his bat.  Drury spent most of his time at third base prior to Vladimir Guerrero Jr.’s promotion, and also saw action at second base, first base, both corner outfield slots, and five games at shortstop.

Ken Giles and Matt Shoemaker are Toronto’s two remaining arbitration-eligible players, as per MLBTR’s Arbitration Tracker.  Teams have until 11am tomorrow to exchange figures with their arb-eligibles.  Giles is projected for an $8.4MM deal, and Shoemaker for a $3.8MM salary.

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Toronto Blue Jays Transactions Brandon Drury

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Remaining Needs: AL East

By Jeff Todd | December 31, 2019 at 10:22am CDT

With the new year upon us, MLBTR is going through all 30 teams’ remaining needs by division.  We’ve already checked in on the NL East, AL West, AL Central, NL Central, and NL West. That leaves the American League East …

Baltimore Orioles [Offseason Outlook]

Outside of dealing away Dylan Bundy, it has been a quiet winter for sophomore GM Mike Elias. There just isn’t much pressing roster-building work to be done for a club that was badly in need of a full rebuild when Elias took the helm.

More than anything, the O’s will spend the next few weeks exploring further trade possibilities. Reliever Mychal Givens and slugger Trey Mancini are obvious candidates to be dealt. Hanser Alberto and a few others could also conceivably be of interest elsewhere.

Other than filling in for any further departures, the O’s still need to add a few pieces — both to keep some standard of MLB capabilities and to seek upside that might be turned into trade capital. The departure of Jonathan Villar leaves an opening at shortstop that hasn’t yet been filled. (Last year’s Rule 5 pick, Richie Martin, ought to get some dearly missed Triple-A seasoning.) The O’s could easily find space for a buy-low option at third base or the corner outfield as well. Adding Kohl Stewart and a pair of Rule 5 hurlers helps the pitching depth picture, but there’s still plenty of room to add arms onto the roster.

Boston Red Sox [Offseason Outlook]

Incoming chief baseball officer Chaim Bloom was tasked with getting the Sox beneath the luxury line but staying competitive. He has taken several steps towards that goal by buying low on Martin Perez and Jose Peraza. Standing alone, however, those deals only add salary to the MLB roster.

It’d be a big surprise at this point if the Boston organization doesn’t swing a significant trade or two over the next several weeks. David Price and Jackie Bradley Jr. seem likeliest to be dealt, though Mookie Betts, J.D. Martinez, Andrew Benintendi, Eduardo Rodriguez, and others probably can’t be ruled out entirely.

Back-filling for any departures will be a top priority. No matter who leaves, Bloom will be hunting for value in the bullpen, eyeing up rotation depth, and exploring bench improvements. The Sox could still stand to add another piece to the first base mix (perhaps a left-handed hitter to pair with Michael Chavis) and are hurting for catching depth. Just how much flexibility Bloom will have to pursue new adds will depend upon how much salary he sheds via trade.

New York Yankees [Offseason Outlook]

The one massive priority of the offseason was achieved when Gerrit Cole went rooting around his parents’ basement to dig up the sign he brought to Yankee Stadium as a kid. (“Mom! Where’s my sign?!?!”) Retaining Brett Gardner and adding Erik Kratz for depth also checked boxes.

Any follow-ups to the Cole signing will surely feel like lesser events. But they could yet make a big impact. The Yanks don’t really need anything, but have dabbled with some elite relievers and may have a major strike up their sleeve. There’s some amount of roster pressure involving young power hitters Miguel Andujar and Clint Frazier, but they are assets the Yanks will surely put to use on the field or via trade. Moving J.A. Happ would help with payroll management.

Tampa Bay Rays [Offseason Outlook]

The Rays have not only exemplified, but driven baseball’s de-formalization of roles. Scanning their present roster really drives this fact home. The team is laden with multi-functional players and situational possibilities. This applies to both pitchers and hitters.

In theory, the Rays could add just about any player they like and make it work. Value is paramount. Those considerations explain the team’s pursuit of left-handed-hitting center fielder Shogo Akiyama despite the presence of Kevin Kiermaier, not to mention the addition of countrymate Yoshitomo Tsutsugo, who joins a roster with quite a few other quality lefty bats.

Without any glaring need, per se, the Rays can perhaps be expected to keep doing what they do. We’ve see this organization hammer out somewhat complicated trades involving under-the-radar players time and time again. But we’ve also seen targeted gambles, such as last winter’s wise inking of Charlie Morton. With the powerhouse Yankees cresting, the Rays will need to press hard — and consider going outside of their comfort zone — to add a finishing piece or two to this roster. Given the versatility on hand, just about any high-value opportunity seems plausible.

Toronto Blue Jays [Offseason Outlook]

Public pressure can’t be the sole explanation for the Jays’ big strike for Hyun-Jin Ryu, but it surely played a role. Now that Ryu, Tanner Roark, and others have been installed in a revamped rotation, the front office can breathe a bit easier.

That’s a far sight from declaring this roster a potential winner. But it does seem to have a fair bit of upside in the form of young, elite talent and post-hype bounceback candidates. The position-player unit is littered with names that populated top prospect lists. It’s an ultra high-variance mix, which seems generally appropriate for this stage of the organization’s rebuild.

It’s certainly arguable the Toronto org ought to grab an open-market option or two in favor of some of its preexisting players. The corner outfield seems particularly susceptible of improvement, though the Jays would rather not fully block some of the guys they’ve picked up in recent years. The other interesting area is the bullpen, which is loaded up with uncertainty … and which includes one of the top trade candidates on the market. It’d obviously hurt the team’s 2020 outlook to move Ken Giles, but it’s awfully tough to bypass a return — especially with what appears to be a favorable market situation — for a guy who’ll reach free agency at season’s end.

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Baltimore Orioles Boston Red Sox MLBTR Originals New York Yankees Tampa Bay Rays Toronto Blue Jays

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Blue Jays Sign Travis Shaw

By Anthony Franco | December 30, 2019 at 10:12am CDT

The Blue Jays continued what has become an increasingly busy offseason Monday, announcing a one-year deal with free-agent infielder Travis Shaw. The Pro Star Management client will reportedly secure a $4MM guarantee and earn $175K upon tallying 350 plate appearances, with another $125K for every 50 plate appearances accrued thereafter. The deal maxes out at a potential $4.675MM salary if Shaw exceeds 550 plate appearances.

Travis Shaw | Jeff Hanisch-USA TODAY Sports

The Brewers non-tendered Shaw earlier this month. It was an eventful couple of weeks on the market for the 29-year-old, who drew some interest from almost half the league. It’s not hard to see the appeal, since Shaw recently looked like a long-term building block in Milwaukee. From 2017-18, Shaw combined for a .258/.347/.497 line (119 wRC+) while playing nearly every day at the hot corner. He hit 30+ home runs in each season while drawing a fair number of walks with a manageable strikeout rate. Over his first two seasons as a Brewer, he was worth 7.1 fWAR.

Of course, the wheels fell of completely in 2019. Shaw stumbled to a ghastly .157/.281/.270 line (47 wRC+) over 270 plate appearances last season. Among those with at least 250 plate appearances, only Mike Zunino was worse at the dish. Shaw continued to draw his share of walks, but his contact rate fell precipitously. Consequently, his strikeout rate almost doubled from 18.4% to 33.0%. The contending Brewers couldn’t afford to let Shaw sink or swim, and they demoted him to Triple-A San Antonio in June.

To his credit, Shaw tore the cover off the ball following his demotion. His .286/.437/.586 slash was eye-opening, even in the hitters’ haven Pacific Coast League. Most importantly, Shaw seemed to get his strikeout troubles under control back in the minors.

Nevertheless, the Brewers elected not to bring Shaw back at his projected $4.7MM arbitration salary in light of his MLB struggles. Milwaukee did offer him a contract of some sort before non-tendering him (presumably for less than his arbitration projection), tweets Jon Heyman of MLB Network, but Shaw decided to seek a change of scenery.

While Shaw falls a bit shy of that $4.7MM projection on his guarantee from the Jays, he has a strong chance at approaching the mark via his incentives. Shaw exceeded 550 plate appearances in each of 2017 and 2018, and he’s in line to start nearly every day at first base next season, tweets Scott Mitchell of TSN. That’ll leave the hot corner to Vladimir Guerrero, Jr. north of the border. Shaw replaces Justin Smoak, who coincidentally signed a very similar one-year, $5MM deal with the Brewers earlier in December.

Whether or not future additions to the lineup are forthcoming, the Jays are betting on a Shaw return to form. Shaw’s plate discipline remains intact and last season’s 88.7 MPH average exit velocity, per Statcast, is right in line with his career marks. Shaw will certainly need to rebound in the contact department. His track record and age, though, give reason for cautious optimism. If Shaw does rediscover his form at the plate, he could return to Toronto in 2021. He has accrued 4.053 years of MLB service, meaning he’ll be arbitration-eligible again next offseason. He’ll certainly hope to enter that process on the heels of a better showing than he put forth in 2019.

Jon Paul Morosi of MLB.com first reported the agreement (Twitter links). MLB.com’s Mark Feinsand added the salary terms and incentive structure. 

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Newsstand Toronto Blue Jays Transactions Travis Shaw

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Blue Jays Designate Richard Urena For Assignment

By Steve Adams | December 30, 2019 at 10:11am CDT

The Blue Jays announced Monday that they’ve designated infielder Richard Urena for assignment. His spot on the 40-man roster will go to corner infielder Travis Shaw, whose previously reported one-year contract is now official, per the team.

Urena, 24 in February, can play all over the infield, but to this point in his career hasn’t hit much in either the Majors (.253/.300/.336 in 263 plate appearances) or Triple-A (.250/.289/.373 in 671 plate appearances). He hasn’t posted particularly strong defensive metrics during his limited time in the big leagues but was praised as a potential plus defender with average or better speed as he rose through the Blue Jays’ farm system.

Urena is also out of minor league options, so he’d have had to either break camp with the big league club this spring or else be traded or exposed to waivers via a DFA in a few months anyhow. That lack of options will likely limit his appeal to other clubs as well, although a team with a particularly thin infield mix and some 40-man flexibility could take a flier on a waiver claim. The Blue Jays will have a week to either trade Urena or try to pass him through outright waivers.

 

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Toronto Blue Jays Transactions Richard Urena

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Blue Jays Sign Shun Yamaguchi

By Jeff Todd | December 28, 2019 at 10:30am CDT

TODAY: The Blue Jays’ deal with Yamaguchi is official.  They’ve signed the right-hander to a two-year, $6.35MM deal, per Scott Mitchell of TSN Sports (via Twitter).

3:35pm: There’s a deal in place, per Shi Davidi of Sportsnet.ca (via Twitter).

2:59pm: The Blue Jays appear to be pressing hard to add Japanese hurler Shun Yamaguchi. According to Sanspo.com (Japanese language link), the sides are closing in on a two-year deal that would pay him around $3MM annually if it’s finalized.

If the sides wrap things up, the Toronto organization will owe the Yomiuri Giants twenty percent of the total guarantee as a transfer fee. Japan’s marquee organization formally posted Yamaguchi on December 3rd.

Yamaguchi, a 32-year-old forkballer, has had plenty of success in Japan’s top league as both a starter and reliever. Once a star closer for the Yokohama BayStars, Yamaguchi has more recently taken the ball to open games for Yomiuri. Last year, working from the rotation, he delivered 170 frames of 2.91 ERA ball with 10.0 K/9 against 3.2 BB/9.

It stands to reason that the starter-needy Blue Jays will at least give Yamaguchi a shot at winning a rotation job out of camp. But the club could also certainly be in the market for relief help, so its intentions aren’t yet clear. Odds are the Jays are drawn in no small part to Yamaguchi’s versatility. He has plenty of experience locking up saves in NPB so could even ultimately be called upon in a high-leverage role if the circumstances warrant.

 

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Newsstand Toronto Blue Jays Transactions Shun Yamaguchi

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Blue Jays Notes: Ryu, Boras, Shapiro

By TC Zencka | December 28, 2019 at 9:55am CDT

The Blue Jays have remade their pitching staff this winter with the additions of Hyun-Jin Ryu, Tanner Roark, Chase Anderson and Shun Yamaguchi. Along with the return on Matt Shoemaker and the development of Anthony Kay, Trent Thornton, Ryan Borucki and Nate Pearson, the Blue Jays have plenty of options for their 2020 rotation. It doesn’t come together, however, without Ryu at the top. With that in mind, let’s check in on some of the factors that brought the Korean southpaw to Toronto…

  • To remember the last time one of Scott Boras’ clients signed with the Blue Jays, he had to go all the way back to the mid-eighties. Bill Caudill signed a two-year, $2.37MM deal to play the 1985 and 1986 seasons in Toronto. Caudill is now one of a couple ex-clients to work for Boras. But until Hyun-Jin Ryu’s four-year, $80MM deal, the Blue Jays were one of Boras’ favorite teams to pick on, per the Athletic’s John Lott. It wasn’t personal, of course, Boras simply believes Toronto’s market should make them a top-10 team capable of signing top free agents while retaining their own homegrown stars – a trend he’s starting to see with the current Toronto regime. And of course, it behooves Boras to push potential large market teams to open their wallets.
  • As for Ryu’s choice to join the Blue Jays, the decision largely came down to where he wanted to raise his young family. That said, Toronto’s early and persistent interest also helped bring Ryu north of the border, per the Athletic’s Kaitlyn McGrath. Long-term security wasn’t necessarily a driving factor for Ryu, though securing a four-year deal for the 32-year-old certainly counts as a win for Boras. Team President Mark Shapiro spoke on Ryu’s importance to the community, saying: “It was more recognizing what an incredibly international city Toronto is, very aware of the Korean population here, both in students and business and what a tightknit community it is. And so feeling like it would be a great place for Ryu and his family to be and feeling like it would be a great synergy with Toronto and Canada, in general. That was a consideration — not a driving factor, but certainly something that we thought would make for a great alignment in the relationship moving forward.”
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Notes Toronto Blue Jays Anthony Kay Chase Anderson Hyun-Jin Ryu Matt Shoemaker Nate Pearson Ryan Borucki Scott Boras Shun Yamaguchi Tanner Roark Trent Thornton

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Reds, Padres Reportedly Leading Shogo Akiyama Bidding

By Jeff Todd | December 27, 2019 at 7:42pm CDT

DECEMBER 27, 7:42pm: Aside from the Reds and Padres, it’s “thought” that the Diamondbacks, Cubs and maybe even the Blue Jays still have interest in Akiyama, Jon Heyman of MLB Network tweets.

6:55pm: The bidding is largely down to the Reds and Padres, according to a Sports Hochi report (Japanese language link; h/t Patrick Newman of NPB Tracker, on Twitter). It seems the expectation is that he’ll reach a decision before the new year.

5:50am: The Reds have a multi-year offer to Akiyama on the table and are the likeliest landing spot for the 31-year-old, per a Friday report from Nikkan Sports (Japanese language link).

DECEMBER 26: When he declared his intentions to come to the majors, Japanese center fielder Shogo Akiyama entered an interesting place on this winter’s market. With so few viable center fielders available, and no shortage of demand, he offered an intriguing new possibility.

Interest has been fairly robust from the outset for the long-time Seibu Lions standout. And the chatter — at least, in Japanese outlets — has increased of late after Yahoo Japan reported (Japanese language link) that the left-handed-hitting 31-year-old would reach a decision in late December. If Akiyama has settled on a contract, it’s not yet known. But there are a few new hints to chew on. And other recent developments have had an impact on his market.

Yahoo Japan (Japanese language link) cites the Padres as a leading new contender. While it’s tough to assess the merits of those reports, they’re each rather notable for the impact on the market at large. The Pads only just added a somewhat similar player in Trent Grisham; it’d seem a move on Akiyama might portend a trade of another left-handed-hitting outfielder. Plus, adding salary would increase the team’s desire to move some of the money owed Wil Myers.

Then again, Nikkan Sports (Japanese language link) labels the Reds the likeliest landing spot for Akiyama, citing the organization’s persistent interest. The possibilities are all the more interesting with regard to the Reds, who have seemingly been preparing to utilize Nick Senzel in center but could take any number of different directions upon adding Akiyama. There certainly could be implications for the club’s interest in right-handed-hitting corner bats such as Nicholas Castellanos and Marcell Ozuna. With six left-handed-hitting outfielders on the 40-man, the Cincinnati club would at minimum have to do some roster maintenance.

The Cubs and Diamondbacks have long been known to have interest. But it’s worth wondering to what extent either club is a legitimate possibility at this stage. The Cubs are reportedly sifting through pocket change and don’t appear to have any salary-freeing swaps on the immediate horizon. And the Arizona organization just added Kole Calhoun, which gives the team two well-compensated, left-handed-hitting corner outfielders around switch-hitting center fielder Ketel Marte (although he could shift back to second base if Akiyama lands in Arizona).

Another team long known to have interest, the Rays, also made a significant new left-handed-hitting addition to its outfield mix. Fellow Japanese standout Yoshitomo Tsutsugo secured a relatively surprising two-year, $12MM deal (plus a $2.4MM release fee) with the Tampa Bay organization. To what extent the Rays are involved at the moment isn’t entirely clear. But the team reportedly remains interested in Akiyama, even with multiple other left-handed-hitting options — including regular center fielder Kevin Kiermaier — still on hand.

While there’s still quite a lot of uncertainty, the foregoing discussion does indicate the layers of intrigue at play. In all likelihood, an Akiyama signing will be preceded by and/or will trigger some potentially notable corresponding transactions.

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Arizona Diamondbacks Chicago Cubs Cincinnati Reds San Diego Padres Tampa Bay Rays Toronto Blue Jays Shogo Akiyama

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Blue Jays Sign Hyun-Jin Ryu

By Mark Polishuk | December 27, 2019 at 8:00am CDT

Two and a half months after GM Ross Atkins vowed to find pitching that could “contribute in significant ways,” the Blue Jays have formally announced the signing of one of the best pitchers on the market, left-hander Hyun-Jin Ryu, to a four-year contract. The Boras Corporation client will reportedly be guaranteed $80MM, which will be paid out evenly at $20MM per season. Ryu’s deal doesn’t have any opt-out provisions but is said to contain a partial no-trade clause.

The news ends a spirited market for Ryu’s services, as at least six teams (the Dodgers, Angels, Braves, Padres, Cardinals, and Twins) were all known to have some degree of interest in the southpaw this offseason.  While all of those teams were either playoff clubs in 2019 or are planning to contend in 2020, it was the rebuilding Blue Jays who made the big strike, signaling that their own effort to return to contention is coming sooner rather than later.  The Jays were known to be looking at both the top tier and the lower tiers of the pitching market, though the signing still comes as a surprise, given how Toronto’s previous acquisitions had been more modest.

Ryu joins Tanner Roark, Chase Anderson, and Shun Yamaguchi as newly-acquired members of Toronto’s rotation, completely overhauling a starting staff that was expected to be a major point of emphasis this winter.  Yamaguchi could wind up in the bullpen if the Jays go with some combination of in-house candidates Matt Shoemaker, Trent Thornton, Ryan Borucki, Anthony Kay, or Jacob Waguespack for the final two rotation places.  Star prospect Nate Pearson is also expected to make his big league debut at some point in 2020, so one of those rotation spots could ultimately be earmarked for him down the stretch, or the Jays could ease Pearson into the majors as a reliever.

While Pearson may be the ace of the future, Ryu is now firmly the ace of the present.  The lefty finished second in NL Cy Young Award voting last season on the heels of a league-best 2.32 ERA and 1.2 BB/9, as well as a 6.79 K/BB rate, 8.0 K/9, and 50.4% grounder rate.  ERA predictors weren’t quite as impressed (3.10 FIP, 3.32 xFIP, 3.77 SIERA) with Ryu’s performance, while his modest 90.6mph fastball finished in the bottom 11th percentile in both fastball velocity and spin rate.

On the plus side of the Statcast coin, Ryu was also one of the league’s best pitchers in limiting hard-hit balls and exit velocity, and his .263 wOBA was only slightly lower than his .281 xwOBA.  Despite the lack of fastball velocity, Ryu still had the 26th most effective heater of any qualified pitcher in the sport according to Fangraphs’ Pitch Value metrics, while his changeup was one of the ten most effective pitches in all of baseball in 2019.

Perhaps most importantly, Ryu also tossed 182 2/3 innings last year, his highest workload since his 2013 debut season in MLB and the first time he’d topped even the 126 2/3 inning plateau since 2014.  Ryu had only a couple of minimal injured list stints for minor neck and groin soreness in 2019, as opposed to the much more serious setbacks that plagued him earlier in his career.  Shoulder and elbow surgeries limited Ryu to just a single game in 2015-16, he missed close to three months in 2018 due to a torn groin, and IL stints for foot and hip problems limited him to 126 2/3 IP in 2017.

This injury history and Ryu’s age (he turns 33 in March) were reasons why MLBTR projected him to only land a three-year, $54MM deal, despite his superb 2019 campaign and his overall strong track record in 740 1/3 career innings in the majors.  The Blue Jays could have been compelled to go to four years to convince Ryu to join a team that didn’t offer as clear a path to immediate contention as some of his other suitors.

Even with Ryu signed, it remains to be seen if the Jays will emerge as a threat to return to the playoffs after three straight losing seasons.  The team will be counting on its young core of Vladimir Guerrero Jr., Lourdes Gurriel Jr., Bo Bichette, Cavan Biggio, and Danny Jansen to all take steps forward, while more experienced hands like Randal Grichuk (who had been Toronto’s highest-paid player prior to the Ryu signing) and the newly-acquired Travis Shaw will need to improve on mediocre 2019 performances.

The Ryu signing also re-aligns expectations for the rest of the Jays’ offseason.  On paper, this could be Toronto’s version of the Cubs’ deal with Jon Lester prior to the 2015 season — the big-ticket veteran pitching acquisition that indicated the rebuilding Cubs had enough faith in their up-and-coming young team to go for it after a lengthy rebuild.  If the Jays are serious about challenging for the postseason as soon as 2020, more substantial veteran upgrades could be made to center field, the bullpen, the first base/DH mix beyond Shaw and Rowdy Tellez, or even the rotation.  Closer Ken Giles was widely assumed to be a trade candidate, but now the Blue Jays could perhaps keep Giles for the final year of his contract in order to keep the ninth inning locked down.

The Jays’ current 2020 payroll (as per Roster Resource) projects to be just under $122.2MM, so considering that the 2016-18 clubs all finished the season with payrolls in the $164MM-$167MM range, GM Ross Atkins could have more spending room for further moves.  Ryu is the third-highest contract even given out by the franchise, topped only by Vernon Wells’ $126MM extension in the 2006-07 offseason and the five-year, $82MM free agent deal for Russell Martin prior to the 2015 season.

Ryu is the latest arm to leave what has been a scorching hot market for free agent starting pitchers.  Returning to MLBTR’s Top 50 Free Agents list, Alex Wood (at #39) is now the highest-ranked starter still on the board, as the 14 pitchers ahead of him have all found new deals before Christmas.  As Heyman notes on Twitter, the many teams still looking for rotation upgrades could now be forced to explore the trade market, which could lead to a flurry of deals before Opening Day.

MLB Network’s Jon Heyman first reported the deal (Twitter link). MLB.com’s Jesse Sanchez reported that Ryu would receive a partial no-trade clause. The Toronto Star’s Gregor Chsholm reported the annual breakdown.

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Newsstand Toronto Blue Jays Transactions Hyun-Jin Ryu

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    Aaron Judge Undergoing Testing For “Elbow Issue”

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